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CARACAS, April 29 (Xinhua) -- Venezuela is working to simplify the process for private companies to buy U.S. dollars and other foreign currencies, National Foreign Trade Center (Cencoex) President Alejandro Flemming said Tuesday.
The Cencoex, which oversees1 currency exchange, has met with representatives of all banks to find ways to facilitate implementation2 of the new mechanism3 designed to prevent currency flight, Flemming said in an interview aired on a private TV channel.
The new rules will prevent "currency parasites4" from making money by getting dollars or euros from the state, Flemming said, adding his organization has recently reported 64 such cases to the Attorney General's Office.
"A significant number of companies are already being investigated for irregularities amounting to more than 1 billion dollars," Flemming said.
In Venezuela's brisk black market, the dollar was sold for more than double the official exchange rate of 6.3 bolivars.
In another economic event, Venezuelan President Nicolas Maduro announced Tuesday a 30 percent rise in minimum wage.
The new minimum salary will be 4,252 bolivars (675 dollars) plus a food ticket of 1,351 bolivars (214 dollars), the highest of its kind among Latin American countries, Maduro said.
He also called on workers to join hands to guarantee production, food supplies and fair prices in his newly launched economic campaign.
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1 oversees | |
v.监督,监视( oversee的第三人称单数 ) | |
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2 implementation | |
n.实施,贯彻 | |
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3 mechanism | |
n.机械装置;机构,结构 | |
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4 parasites | |
寄生物( parasite的名词复数 ); 靠他人为生的人; 诸虫 | |
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